|Expense Ratio (net)||0.90%|
|Morningstar Risk Rating||★★★★|
|Last Cap Gain||0.00|
|Inception Date||Sep 29, 2000|
|Average for Category||N/A|
T. Rowe Price (NASDAQ GS: TROW) announced that it closed the T. Rowe Price Global Technology Fund (PRGTX), along with similar portfolios for institutional clients, to new investors at 4 p.m. ET on Friday, September 29, 2017. Although the fund is closed to new investors, investments from current shareholders and direct rollovers from qualified retirement plans into new T. Rowe Price IRAs will continue to be accepted. T. Rowe Price's Global Technology Equity Strategy had assets of $9.1 billion as of June 30, 2017, including $5.0 billion in the Global Technology Fund.
Technology stocks have been on a tear in 2017. Through the end of July, the iShares Technology ETF (IYW) is up almost 22%, well ahead of broader market benchmarks. If you are thinking of investing in tech stocks after a rally like that, here's what you need to know.